Maybe that works for a desperate or very naive seller, but I have my doubts.

Many people in the class appeared to be desperate to get out of their financial troubles. 

@Christina Phillips you can write the basics of how deals work and things to appeal to desperate home owners, gives them help and they may in turn give you business.

hello BP first off i want to introduce myself. my name is rito altamirano I'm 23 from las vegas and i decided this is what i want to do with my life i just don't know where to start or who to turn to!! I've always wan...

Your not looking to work with contractors, you highlighted at the beginning you hire unlicensed persons, those are NOT contractors than, they are subs and you are trying to side step what you should be doing because thats probably where most or all your profit lies, not in the deal of the property but in finagling to get done what should be say 50K done for 30K by side stepping regulations and hiring overqualified desperate persons. 

LOL... who is going to do that.if its the US  that's what the bankruptcy laws are for.Jay, depends on who the lenders are ;-)Agree that posting here was not the best move, but it is out of desperation and the chances of "traditional lenders" seeings this is slim.It's the wild wild west so it's hard to predict how this might end.

Other unit previously complained in summer so I started process of upgrading electrical for split (I use slowest electrician on earth because he is family and desperately needs money).  

How much do I really need to get started to buy a mobile home park in tampa, florida area.Please help I'm desperate.            

@Mike CumbieI've actually never wholesaled a property but it's on the seller for being desperate and not listing with a realtor.

Don't buy something out of desperation.